According to an Amica release, A.M. Best is considered the leading authority on the financial stability of insurance companies in the United States.

“Amica is proud to consistently rank among the top insurance companies in the country in terms of financial stability,” Robert DiMuccio, president, chairman and CEO of Amica Insurance, said in prepared remarks. “This rating demonstrates our solid operating performance and ability to assist our policyholders, despite a record number of severe weather events across the country last year.”

The release added that A.M. Best also reaffirmed Amica Life’s A+ rating. Both A++ and A+ ratings are listed in A.M. Best’s “Superior” category.

“The superior ratings for both the Amica Mutual Insurance Co. and the Amica Life Insurance Co. reflect a combination of outstanding capitalization, solid operating performance and a well-established market position,” DiMuccio said.

Get the most up-to-date data on the Rhode Island and southern Massachusetts business community from the PBN List Center. Download and purchase PBN Lists as well as the complete Book of Lists in Excel format.